Press release
SAP Cloud Platform Services Market Size, Analysis, and Forecast Report 2018-2028
Top IT-tech companies continue to maintain their status quo as leading vendors of SAP cloud platform services. Top 4 companies account for a significant revenue share apropos distribution of SAP cloud platform services. Vendors including SAP SE, Accenture Plc, Infosys Limited and IBM Corporation collectively for over 30 percent of the SAP cloud platform services market owing to their huge distribution infrastructure and geographical reach in the cloud services marketplace.
Tier 1 vendors in the SAP cloud platform services market have been focusing on Asia Pacific region on the back of grabbing potential opportunities with significant growth across various industries including BFSI, consumer goods, IT & telecom and manufacturing, to name a few.
Strong presence of these companies along with their alliances in the Asia Pacific is likely to provide significant opportunities for sales of SAP cloud platform services. For instance, recently, Infosys Limited announced its expansion plans in Asia Pacific by initiating a joint venture with Temasek – a Singapore based company. This joint venture can facilitate expansion of IBM in Southeast Asia in the software services marketplace, in turn adding another sales funnel to the SAP cloud platform services portfolio.
Likewise, IBM Corporation continues to expand its cloud footprint across Sydney and Tokyo in Asia Pacific and other regions including UK, Germany, Dallas, Washington DC and Texas. Multi-zone cluster strategy of key vendors in the SAP cloud platform services is likely to augment the sales of SAP cloud platform services.
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Trending SAP HANA to Expand Usability of SAP Cloud Platform Services across Additional Application Services
Intelligence cloud innovation, the SAP HANA technology by SAP SE, has transformed the SAP cloud platform services marketplace by facilitating in-memory analytics, and next generation AI driven automation, consequently providing actionable insights and digital edge to businesses. The three-fold benefits of SAP HANA have significantly influenced its demand, in turn paving new pathways for SAP cloud platform services.
Instant Value Delivery (Adoption of latest innovations, facilitates faster deployment and ROI)
Business Impact (global business support, facilitates enterprise-scale digital transformation and focuses on customer satisfaction and business outcome)
Intelligent Enterprise (predictive analysis, IoT support and automation via machine learning and AI)
Business Efficiency Enhancement Feature of SAP Cloud Platform Services to Influence Sales
Demand for SAP cloud platform services is largely influenced by their capability in regulating processes under disruptive business models. SAP cloud platform services facilitating digital transformation, offer flexible software that enables quick adaptation. In addition, SAP cloud platform services bring about scalability in processes without altering existing software. SAP cloud platform services provide real-time business data along with agility in application development which can enhance business proficiency and profitability. This aspect continues to impact the need for scalable cloud services such as SAP cloud platform services.
Use of SAP Cloud Platform Services by Well-Established Companies, Startups, ISVs and Developers – Key Growth Propeller
Scope of SAP cloud platform services usability has increased with their use by startups, developers and Independent Software Vendors (ISVs). In a bid to achieve faster ROI and profitability, these end users are leveraging the reach of SAP cloud platform services, which is expected to augur well for the SAP cloud platform services market.
Pacific Drilling that delivers prototypes to end users has been able to enhance app creation by around 75 percent by using SAP cloud platform services. National Football League has adopted SAP cloud platform services (HANA) to provide statistics and figures to enthusiasts along with player analysis. Use of SAP cloud platform services has translated into a 45% growth of the NFL site in terms of usage and content consumption.
SAP Cloud Platform Services Architecture Glue for New Tech
SAP cloud platform services market is expected to witness significant growth on the back of robust cloud architecture linking enterprise applications with next-gen technologies including machine learning, IoT and blockchain. Leveraging the benefit of cloud scalability, SAP cloud platform services can cover various tools including integration of new technologies and develop simple yet proactive platform that can adapt to workloads and strategies of end users using IoT.
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Competitive Landscape
The report includes assessment on major vendors providing SAP cloud platform services. Key facets of the competition such as strategies, mergers and acquisitions, geographical reach, expansion plans and key financials are covered in this section of the SAP cloud platform services market report. The SAP cloud platform services market report includes profiles of SAP SE, IBM Corporation, ATOS SE and Infosys Limited, to name a few.
Few Key Developments
Infosys Limited became a vendor of SAP cloud platform services by signing an agreement with SAP SE for global partnership in 2017. This partnership has offered improved solution delivery, faster implementation service and enhanced global reach to customers.
SAP SE collaborated with Cap Gemini, Deloitte and Accenture in June 2018 to increase end user adoption of its SAP cloud platform service – the SAP S/4 HANA Cloud. Using deep industry-related expertise of these strategic services partners, SAP SE can address industry-specific demands of end users associated with business and intelligence processes.
Atos SE became a partner of SAP SE in October 2018 for distribution of SAP cloud platform services for application development. Atos SE would also be engaged in offering application extensibility and integration using SAP cloud platform services. Expertise of Atos SE in global orchestration and cloud management would further improve sales of SAP cloud platform services by addition of its codex data and analytics solutions.
In 2018, SAP SE and IBM Corporation announced the launch of new edition of SAP cloud platform services running on IBM cloud particularly for private cloud partnerships. This collaboration would assist clients in building new applications in regulated industries on cloud platform without jeopardizing control and security.
Definition
SAP cloud platform services can be referred to as “Platform-as-a-Service” (PaaS) offering capabilities for development of applications. SAP cloud platform services include various service offerings provided by vendors that support end users in leveraging benefits provided by SAP cloud platform services. Few of the SAP cloud platform services include consulting and strategy planning, POC (Proof of Concept), integration, migration and system conversion. Using SAP cloud platform services, end users can optimize and personalize applications in any data center.
About the Report
The report titled “SAP cloud platform services market forecast, trend analysis and competition tracking – global market insights 2018-2028” is an extensive, 200+ page compilation of various facets influencing the growth in adoption of SAP cloud platform services. In addition, insights on various end use industries adopting SAP cloud platform services across 100+ countries have been covered in the SAP cloud platform services market report. The SAP cloud platform services market report also includes detailed segmental snapshot covering every aspect circling the SAP cloud platform services marketplace. Historical analysis on SAP cloud platform services sales, current SAP cloud platform services scenario and forecasts on demand for SAP cloud platform services are covered.
Market Structure
The SAP cloud platform services market is segmented in detail to include every aspect of SAP cloud platform services. The SAP cloud platform services market is segmented on the basis of service type, industry, enterprise type and region.
The SAP cloud platform services by type cover strategy & consulting, POC (Proof of Concept), migration, system conversion and integration. By industry, the demand of SAP cloud platform services is assessed across retail, BFSI, manufacturing, IT & telecom, education, real estate, media and government to name a few.
Use of SAP cloud platform services across enterprises such as small & medium enterprises and large enterprises is provided in the enterprise type category. By region, the SAP cloud platform services market is analyzed across Americas, EMEA (Europe and Middle East and Africa), Asia Pacific excluding Japan (APEJ) and Japan.
Additional Questions Answered
Apart from aforementioned findings, the SAP cloud platform services market report also answers additional questions such as:
Which is the most attractive country for SAP cloud platform services in terms of adoption rate?
What are the sales of SAP cloud platform services across developed regions?
Which is the most lucrative end use industry for SAP cloud platform services market?
Can sales of SAP cloud platform services across small-scale industries surpass those across large enterprises?
Which are the most preferred SAP cloud platform services by end users?
Research Methodology
The SAP cloud platform services market report is drafted using unique research process which is an amalgamation of primary and secondary research. The information gleaned using these methodologies is compiled with information from external sources. All data and statistics on SAP cloud platform services are triangulated to obtain highly accurate analysis on the SAP cloud platform services market.
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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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